SEC Form 5 · accession 0000932781-16-000028

FIRST COMMUNITY CORP /SC/ · FCCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1Under the First Community Corporation 2006 Non-Employee Director Deferred Compensation Plan (the Plan), on or before December 31st of any calendar year, the reporting person may elect to defer all or any part of annual retainer and monthly meeting fees payable in respect of the following calendar year for service as a board of director. Units of common stock are credited to the reporting person's account at the time such compensation would otherwise been payable absent the election to defer equal to the fees payable divided by the fair market value of the stock. The Plan provides that the account balance will be distributed solely through a distribution of common stock. The Plan has previously been filed on form 8-K and the person's participation in the Plan has been previously reported by First Community Corporation in its annual proxy statements.
• F2The reporting person was not previously aware that, in addition to the previous disclosures by First Community Corporation, the reporting person is required to provide transaction reporting under Section 16 with respect to the number of shares allocable to the reporting person. The person is reporting on an aggregate basis on Form 5 in accordance with SEC Interpretive letter to the American Bar Association (February 10, 1999, Q.3). Between January 16, 2007 and December 31, 2015, the reporting person acquired an aggregate of 899 units of common stock in the reporting person's account under the Plan. The price at which units were acquired (the fair market value of common stock on the last trading day p-receding the credit date) ranged from $6.07 to $12.90.